With affiliate marketing growing popular in the US, it’s estimated that businesses will spend up to $6.8 billion by the year 2020.
Affiliate marketing is an easy way to market brands and promote products/ services.
So, you have decided to kick off a PayPal Affiliate Program to drive more traffic to your site. Congratulations! Such programs are certainly a great way to boost traffic to any site. There are a few best practices you can follow to ensure you take full advantage of this opportunity.
One of the first and most important steps you should take is to make sure you have an effective and reliable PayPal affiliate tracking system in place. Trouble tracking your affiliates? Then there is a good chance that both you and your affiliates are going to become frustrated very quickly. You will end up spending too much time trying to work out who sent which customer to your site. And then your affiliates will become frustrated if they feel they are not getting credit for their efforts. A PayPal affiliate tracking system such as LeadDyno removes all of the guesswork. This allows your affiliate program to work in a smooth, hassle-free manner.
Don’t hang your affiliates out to dry. There are probably some affiliates out there who are real go-getters. Willing to take the lead and run with it. However, this is not the case with all affiliates. They may be new or simply have no idea where to get started. It is in your best interest to guide your affiliates. Provide them with promo and social media materials to assist them with marketing your site. LeadDyno makes it easy for your affiliates to download promo materials. They can even broadcast their affiliate link to such social media channels as Twitter, Facebook, Google Plus, and LinkedIn.
It’s also a good idea to make sure that your affiliates are coordinating their content sharing. This helps create a consistent brand message. Ensuring that your targeted consumer base receives the same materials for a more cohesive marketing message. One of the ways you can do this is by keeping in touch with your affiliate team through weekly emails. With the Affiliate Dashboard on LeadDyno, you can easily accomplish this. It’s a great way to ensure that everyone is on the same page at the same time.
It is vital to stay in touch on a regular basis with your affiliates cannot be stressed strongly enough. For instance, if you add, change, or remove products, you need to let your affiliates know about it. In many ways, your affiliates act as an extension of your business. Therefore, they must be made aware of any changes to product offerings. The more information you can provide your affiliates in as timely a manner as possible, the better prepared they will be for driving targeted traffic to your website.
Operating a successful PayPal affiliate program may appear to be challenging. But with the right tools, you can manage it like a pro.
Build it and they will come. That’s the cliché, anyway. The more you are able to build your PayPal affiliate system, the more your website and business will grow. However, many website owners find this to be a tough task to manage.
First, note that a well managed PayPal affiliate system attracts more clients. It is all about making money. The more efficient your system, the easier it will be to make this possible. The PayPal affiliate system comes with many useful tools, but not all are equal. A simplified management system will help to easily build your system.
Manning your affiliates is easy with LeadDyno. It only takes a few clicks to track your them. The option for an auto sign up process allows for an effortless build.
Beyond the size of their commission, one of the most vital elements that most potentials look for is the reliability of payment. Compensation through LeadDyno is handled with one click. Therefore, you can even dictate the schedule, whether it is quarterly, monthly, etc. This can prove to be a big incentive for attracting new affiliates.
How can you grow your PayPal affiliate system? You need to also consider if you are tapping into the potential for viral growth. Thus one way to do that is to embed social sharing links. You can also take advantage of converting your current customers into affiliates by using follow up emails.
After all, who makes a better affiliate for your website than a customer who is already happy with you. And with that, they can honestly promote them from their own experience?
Social media platforms can also prove to be particularly powerful. As they can help you build your affiliate system. However, the top reason that most people do not do this is that they feel they do not have time. LeadDyno also allows you to do this with little effort through integrated social campaign management tools.
Click here to get started building your PayPal affiliate system with LeadDyno.